Meta Platforms (META) reported a strong beat over fourth quarter earnings and revenue estimates after the market close on Wednesday. CFRA Research senior equity analyst Angelo Zino joins the discussion with hosts Julie Hyman and Josh Lipton, joined by Interactive Brokers chief strategist Steve Sosnick, praising the social media giant’s quarterly performance as “fantastic.” Zino acknowledges the company’s rise in projected expenses for 2025 — now expecting between $114 billion and $119 billion in spending — but notes this didn’t raise as a big of a concern. While Meta didn’t offer full-year revenue guidance, Zino explains that many large tech companies, like Apple (AAPL) and Microsoft (MSFT), stopped providing such forecasts. “The comparisons get absolutely more difficult here for the year ahead in 2025 [versus] 2024. They had an absolutely phenomenal 2024. So, you know, I do expect their growth rates to come down,” he adds, signaling the growth might slow but expects moderate increases in the future. On the topic of AI and the emergence of China’s DeepSeek, Zino commended Meta’s strategic moves, saying, “I think they look like geniuses right now,” particularly in their use of large language models.
#youtube #Meta #tech
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